The Construction Lending Officer interviews applicants, analyzes applicant's credit and financial status and obtains property appraisals to determine feasibility of granting loan. Develops relationships with builders and developers in order to source, solicit and sell construction loans. Being a Construction Lending Officer approves loan within established limits or refers to loan to loan committee for approval. Recommends loan terms and conditions and ensures loan agreements are complete and accurate according to policy. In addition, Construction Lending Officer may be responsible for disburs ...ing loan proceeds based on the completion of designated project milestones. Requires a bachelor's degree. Typically reports to a manager. Being a Construction Lending Officer occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Working as a Construction Lending Officer typically requires 2 -4 years of related experience.More Show Less
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